Emc Insurance Group Inc (EMCI) Files Form 4 Insider Selling : Ronald Allan Paine Sells 1,108 Shares

Emc Insurance Group Inc (EMCI): Ronald Allan Paine , Senior Vice President of Emc Insurance Group Inc sold 1,108 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 18, 2016 to the Securities and Exchange Commission. The shares were sold at $26.95 per share for a total value of $29,866.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 13, 2016, Mark E Reese (Senior Vice President & CFO) sold 100 shares at $27.50 per share price.On May 13, 2016, Ronald Allan Paine (Senior Vice President) sold 643 shares at $27.25 per share price.Also, On Dec 18, 2015, Lisa Anne Simonetta (Senior Vice President) sold 930 shares at $26.17 per share price.On Dec 16, 2015, Michael Alan Lovell (Senior Vice President) sold 563 shares at $25.67 per share price.

Shares of EMC Insurance Group (EMCI) ended Thursday, May 19, 2016 session in red amid volatile trading. The shares closed down -0.56 points or -2.13% at $25.75 with 18,540 shares getting traded. Post opening the session at $26.09, the shares hit an intraday low of $25.55 and an intraday high of $26.23 and the price vacillated in this range throughout the day. The company has a market cap of $540 M and the number of outstanding shares has been calculated to be 2,09,73,185 shares. The 52-week high of EMC Insurance Group is $27.89 and the 52-week low is $20.23.

EMC Insurance Group Money Flow Index Chart

EMC Insurance Group Inc. (EMC Insurance Group) is an insurance holding company. The Company through its subsidiaries conducts operations in property and casualty insurance and reinsurance. The Company focuses on the sale of commercial lines of property and casualty insurance to small and medium-sized businesses. The Company markets its insurance products in 41 states in the United States. The majority of its business is marketed and generated in the Midwest. The Company conducts its business in two segments: Property and Casualty Insurance and Reinsurance segment. EMC Insurance Group is approximately 58% owned by Employers Mutual Casualty Company (Employers Mutual) a multiple-line property and casualty insurance company.

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